Salesforce Acquisition of Informatica Imminent?

▤ Summary

Slack, the cloud-based communications and collaboration platform, is Salesforces largest acquisition to date, valued at $27 billion. Permira and the Canada Pension Plan Investment Board took the company private in 2015 in a deal worth $5.3 billion. Wall Street didnt react favorably to the news of a potential acquisition on Monday. Curiously, this speculation comes just two years after activist investors pushed Salesforce to focus more on improving profit margins than gobbling up more companies. That, however, was before the explosion of generative AI on the tech landscape, Investors Business Daily noted, particularly as it pertains to managing data in the cloud.

▦ Linked Companies

Salesforce

$1B+

Informatica

$1B+